This publication has been produced with the assistance of the European Union.The contents of this publication is the sole responsibility of the authors andcan in no way be taken to reflect the views of the European Union.

Small enterprises contribute 8% to the total amount of products and services produced in the district.

There work 174 entrepreneurs (2.5% of Republic of Karelia total) and 1 company with foreign capital which has 12 employees and manufactures RUR 2 million (EUR 66,500) worth products. Some negative tendencies can be observed in the development of small enterprise. Many of the registered enterprises either never began operating or were liquidated soon.

Factors favouring and hindering entrepreneurship development in the Suojärvi District

Factors favouring development of entrepreneurship

Factors hindering development of entrepreneurship

1. Good geographical location

1. Drawbacks of the business taxation system

2. Availability of forest resources

2. Budgetary deficit in the district. Lack of funds to support small business